Invitation For Expression Of Interest For Pre-Qualification As An Insurance Broker for Group Life Assurance Cover For Employees Of The Federal Government For 2014/2015 At The Office Of The Head Of The Civil Service Of The Federation

Invitation For Expression Of Interest For Pre-Qualification As An Insurance Broker for Group Life Assurance Cover For Employees Of The Federal Government For 2014/2015 At The Office Of The Head Of The Civil Service Of The Federation

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Office of the Head of the Civil Service of the Federation

 

The Presidency

 

Federal Secretariat Complex Phase II, Abuja

 

Invitation for Expression of Interest for Pre-Qualification as an Insurance Broker for Group Life Assurance Cover for Employees of the Federal Government for 2014/2015

 

The Federal Government of Nigeria desires to call for bids from registered insurance Brokers to provide life assurance cover for all its employees in compliance with the Pension Reform Act 2004 for the year 2014/ 2015

 

Any insurance broker applying to be pro-qualified must satisfy the following conditions:

 

  1. It must be a limited liability company registered in Nigeria and licensed by  the National Insurance Commission (NAICOM) to act as an Insurance Broker
  2. It must have a verifiable 15 full time employees with cognate qualification and experience;
  3. It must have acquired good experience in group life business;
  4. It must have verifiable location address in Abuja:
  5. It must possess Professional Indemnity Cover with a limit of liability of not less than N10, 000,000.00 or 50% of its last annual brokerage income;
  6. It must be a good corporate citizen that pays its taxes as and when due;
  7. It must have complied with the Pension Reform Act 2004
  8. It should provide evidence of registration under the Employee Compensation Act with Nigeria Social  Insurance Trust  Fund (NSITF).
  9. Evidence of compliance with Industrial Training Fund (ITF) Amendment Act No. 19 of 2011.

 

An insurance broker applying to be pre-qualified must do so in writing accompanied by the following documents to be bound together. .

 

  1. a true copy of its certificate of incorporation recently certified by the corporate Affairs Commission;
  2. a true copy of its current license as an insurance broker recently certified by NAICOM:
  3. copies  of the  company’s  published Annual   Report  and Accounts for the last three years certified by NAICOM 2010, 201l and 2012;
  4. a true copy of the company’s current Tax Clearance Certificate valid till 3l/l2/2013 certified by issuing Tax Office of the Federal Inland Revenue Service and evidence of payment of current tax;
  5. a current certificate of compliance with the Pension Reform Act in respect of its employees issued by the National Pension Commission;
  6. a profile of 6 (six) lop management staff of the company with their qualification and insurance working experience;
  7. location address in Abuja;
  8. evidence of current Professional Indemnity Cover.

 

All certified documents must be original certified copy and currently dated.

 

Six (6) copies of the bound application and supporting documents must be submitted in a sealed envelope marked “BID FOR GROUP LIFE ASSURANCE COVER FOR EMPLOYEE OF THE GOVERNMENT 2014/2015 INSURANCE BROKER” to reach:

 

The Secretary, Ministerial lenders Board,

 

Office of the Head of the Civil Service of the Federation

 

6th Floor, Block B,

 

Director of Procurement Office,

 

Federal Secretarial Phase II, Abuja, FCT,

 

Not later than 12.00 noon on 3rd March, 2014. Opening of bids will be held in the presence of applicants, who wish to attend at 12.00 on Monday 3rd March, 2014. Venue is Atiku Hall, Office of the Head of the Civil Service of the Federation. Federal Secretariat Phase II, Abuja.

 

No communication will be entered into with any unsuccessful applicant.

 

Signed:

 

Permanent Secretary (CMO),

For: Head of the Civil Service of the Federation,

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